After the third round of NAFTA negotiations held in Ottawa, Minister of Economy, Ildefonso Guajardo, said the next round will be more complicated.
According to OEMs’ statements, Mexico’s auto industry remains strong despite the recent earthquake.
Mexican logistics and transportation company Traxión debuts in the Mexican stock market seeking to raise MX$5.9 billion (US$320 million).
Toyota, Mazda and Denso partner in joint venture EV Common Architecture Spirit Co. to develop electric vehicle technology.
Vacuum manufacturer Dyson enters the electric vehicle race with US$2.68 billion investment.
According to mining group BHP, electric vehicle demand could lead to copper shortage.